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Forex Market: GBP/USD daily trading outlook

May 4, 2016 6:47 am
Yesterday’s trade saw GBP/USD within the range of 1.4530-1.4769. The pair closed at 1.4548, plummeting 0.85% on a daily basis. It has been the 13th drop in the past 28 trading days and also the sharpest one since April 1st, when the major pair depreciated 0.95%. The daily low has been the lowest level since […] Read more

Forex Market: USD/CAD daily trading outlook

May 3, 2016 6:53 am
Yesterday’s trade saw USD/CAD within the range of 1.2513-1.2563. The pair closed at 1.2531, edging down 0.17% on a daily basis. It has been the 43rd drop in the past 85 trading days. The daily low has been a higher-low test of the 10-month low registered on April 29th. In weekly terms, USD/CAD lost 0.92% […] Read more

Forex Market: GBP/BGN trading outlook for May 2nd

May 1, 2016 3:11 pm
Friday’s trade saw GBP/BGN within the range of 2.4927-2.5212. The pair closed at 2.4950, falling 0.89% on a daily basis. It has been the 7th drop in the past 21 trading days and also the sharpest one since April 1st, when the pair depreciated 0.99%. The daily low has been the lowest level since April […] Read more

Forex Market: GBP/USD trading outlook for May 2nd

April 30, 2016 2:09 pm
Friday’s trade saw GBP/USD within the range of 1.4577-1.4670. The pair closed at 1.4603, inching down 0.05% on a daily basis. It has been the 12th drop in the past 24 trading days. The daily high has been an exact test of the high from February 4th. In weekly terms, GBP/USD added 1.39% to its […] Read more

Stock Indices: Dow Jones sinks to two-week lows amid a heavy sell-off

April 29, 2016 10:02 am
On Thursday Dow Jones Industrial Average traded within the range of 17,797.58-18,034.97. The benchmark closed at 17,830.76, plummeting 1.17% (210.79 points) on a daily basis. It has been the 25th drop in the past 62 trading days and also the sharpest one since February 11th, when the gauge fell 1.60%. The daily low has been […] Read more